In this video, I talk with author and economic analyst John Sneisen about some strange happenings at Goldman Sachs.
Goldman Sachs projects a record $650 Billion in stock buybacks! It's being called a day of reckoning.
Goldman's chief equity strategist David Kostin has now revised his previous forecast for the S&P corporate cash spending. He now believes 2018 corporate cash outlays will grow by 15% to $2.5 trillion!
$1.4 trillion (54% of the total) going toward growth while $1.2 trillion (46%) gets returned to shareholders.
This follows the recent $171 billion in YTD stock buyback announcement which is the most ever for this early in the year and double the ten year average of $77 billion.
Buybacks are set to increase by a incredible 23% from $527BN in 2017 to an all time high of $650BN! That is once again... a record.
This is not going to settle easily. There is pressure build up and it's becoming entirely unsustainable. The recent dip in the stock market clued in a lot of euphoric speculators. People are being shaken by the shoulders. We saw what happened in 1929 and we are seeing something incredibly similar today.
Of course the fundamentals are off the table due to the level of manipulation in the markets as well as the monetary system, so we cannot put a date on the inevitable crash but we do indeed know that it is coming and it's up to us to heed the warnings coming from every angle and protect ourselves. It's much better to over prepare than under prepare and that comes down to education and the action of the individual. Responsibility.
Will you take these warnings in stride? Or will you feel secure by being ahead of the game? That's up to you.
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They've been running the world for a long time, they have an elite mathematician , legendary lawyer, special algorithm for trade and tons of financial advisors a perfect fit for financial conquest. :)
You can definitely see a quickening in geopolitical and economic problems. I'm almost tempted to say lets have the crash and get it over with. The current system just isn't working for honest hardworking people.
Amazing calculations on that project...
I appreciated ....
Amazing
I have no power to explain
i like it
I see the same this collapse will be very big ...but interesting is going to be this ... how the bankers hide themselves together with the globalists ? :)) because this planet here is very small.
spot on. great one Josh.
Yes a science that is very useful to me the reader ... Like @joshsigurdson
upvoto adrianmrv0109
Good thing these guys are government regulated! Just SO thankful they've decided to bless us with their help regulating our beloved crypto market too!!
Is it perfect time to buy zclassic coin??
In my personal opinion these financial monsters will have blood on their hands , and to me that means C R I M I N A L . So if there is anyone out there in the law enforcement community that doesn’t think criminal charges apply, then we not only need new currencies , but we also need new laws . If VENEZUELA 🇻🇪 is any indication of where we are heading , then GOD help us all . And sheeple who still think your “FEAR MONGERING”need to pull your head out of your ass before you suffocate to death 💀 ❗️ Don’t come running to my personal bunker , cuz you will not be well received ❗️Great show 👏👍✌️♥️👊🏻